Abcourt Mines (ABI) AI Stock Analysis

• Market Cap: C$49.53M
• Dividend Yield: N/A
• Average Volume (3M): 260.77K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.20
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 69
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 990,560,550
• 10 Day Avg. Volume: 285,431
• 30 Day Avg. Volume: 260,775
• PEG Ratio: -1.44
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -38.56
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 47 Neutral
• Price Target: C$0.00 ▼(-100.00%Downside)

Abcourt Mines' stock score is primarily impacted by its weak financial performance, which poses significant risks. While technical analysis offers a neutral view, the company's valuation remains unattractive. Positive corporate events provide some optimism for future prospects, but they are not enough to offset the current financial challenges.

Abcourt Mines Business Overview & Revenue Model

Company Description

Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold mining properties in Canada. It also explores for silver, copper, and zinc ores, as well as diamond deposits. The company holds a 100% interest in the Elder Mine and Tagami Property located near Rouyn-Noranda; the Abcourt-Barvue and Vendome silver-zinc projects located at Barraute; Aldermac property located near Rouyn-Noranda; and the Jonpol property located near Amos, Quebec. It also holds a 100% interest in the Sleeping Giant mine located in Abitibi; and the Discovery-Flordin gold project located in the north-west of Lebel-sur-Quévillon, Quebec. Abcourt Mines Inc. was incorporated in 1971 and is headquartered in Rouyn-Noranda, Canada.

How the Company Makes Money

Abcourt Mines Inc. generates revenue primarily through the extraction and sale of gold and silver from its mining operations. The company operates active mining sites where it extracts ore, processes it to separate the valuable metals, and then sells these metals on the open market. Revenue is influenced by the volume of metals produced and prevailing market prices for gold and silver. Additionally, the company may undertake exploration and development activities to expand its resource base, potentially leading to increased production capacity and revenue generation in the future. Abcourt Mines may also engage in strategic partnerships or joint ventures to optimize its operations and expand its market reach.

Abcourt Mines Financial Statement Overview

Summary

Abcourt Mines is facing severe financial challenges with declining revenues, negative profit margins, and negative equity. The company's cash flow situation is also troubling, with negative free and operating cash flows, posing risks to its financial sustainability.

Income Statement

Abcourt Mines has faced declining revenue over recent periods, with TTM (Trailing-Twelve-Months) revenue significantly lower than previous years. The gross profit margin is negative due to the high cost structure, and the net profit margin is also negative, reflecting substantial losses. EBIT and EBITDA margins are concerningly low, indicating operational challenges.

Balance Sheet

The company has negative stockholders' equity, indicating financial distress. The debt-to-equity ratio cannot be calculated due to negative equity, but total debt is relatively low compared to total assets. However, the equity ratio is negative, highlighting severe financial instability.

Cash Flow

Free cash flow is negative and has worsened over recent periods, indicating liquidity challenges. Operating cash flow is also negative, reflecting the company's inability to generate cash from its core operations. The cash flow situation poses risks to financial sustainability.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
10.12K	265.12K	7.01M	20.39M	27.59M	24.06M
	Gross Profit
-242.18K	-338.00K	2.78M	-2.41M	3.43M	1.94M
	EBIT
-9.33M	-10.88M	-5.04M	-21.47M	2.27M	1.12M
	EBITDA
-8.94M	-10.36M	-4.73M	-19.48M	5.11M	4.26M
	Net Income Common Stockholders
-10.07M	-11.59M	-5.34M	-21.62M	2.42M	358.86K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.99M	757.75K	963.97K	720.51K	2.45M	1.96M
	Total Assets
18.12M	14.06M	17.40M	12.29M	31.79M	45.81M
	Total Debt
985.40K	1.32M	1.85M	2.48M	1.93M	0.00
	Net Debt
-715.06K	557.63K	890.27K	1.76M	-529.55K	-1.96M
	Total Liabilities
19.58M	20.35M	19.27M	15.41M	15.05M	14.15M
	Stockholders Equity
-1.46M	-6.28M	-1.87M	-3.13M	16.73M	31.66M
Cash Flow		Free Cash Flow
-14.48M	-10.40M	-664.31K	-3.94M	-2.59M	-1.53M
	Operating Cash Flow
-14.13M	-10.16M	-79.64K	-1.96M	5.12M	3.63M
	Investing Cash Flow
376.81K	3.64M	-477.14K	-1.98M	-7.12M	-5.17M
	Financing Cash Flow
14.20M	6.31M	800.25K	2.21M	2.49M	697.34K

Abcourt Mines Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ABI, the sentiment is Positive. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.05, and below the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 54.93 is Neutral, neither overbought nor oversold. The STOCH value of 116.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ABI.

Abcourt Mines Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$2.04B	-1.26	-21.09%	3.98%	2.91%	-30.49%
MGM	47 Neutral	C$38.76M	―	-168.28%	―	―	42.51%
ABI	47 Neutral	C$49.53M	―		―	―	―
BTR	39 Underperform	C$37.92M	―	-129.79%	―	―	-4.84%
PHNM		C$28.87M	―	-5.04%	―	―	―
ECR	32 Underperform	C$52.96M	―	-27.94%	―	―	-550.00%
AUMBF		$30.63M	―	-26.56%	―	―	―

Abcourt Mines Corporate Events

Abcourt Mines Reports Increased Losses but Improves Working Capital

Abcourt Mines Inc. reported its financial results for the third quarter ended March 31, 2025, showing a net loss of $5.47 million, which is an increase from the previous year’s loss. Despite the losses, the company improved its working capital position, reducing its negative working capital from $4.95 million to $2.17 million. This improvement indicates a positive shift in financial management, although the company continues to face challenges with high exploration and administration expenses.

Abcourt Mines Reports Significant Gold Intersections in 2025 Drilling Campaign

Abcourt Mines Inc. announced promising results from its 2025 drilling campaign on the Flordin property, revealing significant gold mineralization directly below the Cartwright stripping. The drilling confirmed the continuity of high-grade gold zones, with notable intersections such as 3.7 g/t gold over 11 meters. The campaign also aimed to confirm the presence and continuity of the South Zone, with all holes drilled returning gold values, indicating robust potential for future exploration and development. These findings enhance Abcourt’s operational prospects and strengthen its position in the gold mining sector.

Abcourt Mines Reports Promising Drilling Results at Sleeping Giant

Abcourt Mines Inc. has announced significant drilling results at its Sleeping Giant mine, intersecting high-grade mineralization in the 785N zone. The company plans to accelerate its resource conversion program by adding a third underground drill rig and continues to work towards securing financing to develop the mine towards production. These efforts are expected to extend the mine’s life and support a rapid production ramp-up, highlighting the strategic potential of the Sleeping Giant’s infrastructure.

Abcourt Mines Secures $4.6 Million in Private Placement to Restart Sleeping Giant Mine

Abcourt Mines Inc. announced the closing of an additional tranche of its non-brokered private placement, raising $4.6 million. The proceeds will be used to restart the Sleeping Giant mine and mill, as well as for working capital and general corporate purposes. This strategic financial move is part of a larger effort that has raised over $9 million, including a significant investment from Groupe Minier Technica. The placement, involving insiders and subject to TSX Venture Exchange approval, highlights Abcourt’s strategic initiatives to strengthen its operational capabilities and market position.

Abcourt Mines Discovers New Gold Zone on Flordin Property

Abcourt Mines Inc. announced the discovery of a new mineralized zone on its Flordin Property in Quebec, with significant gold grades intercepted in drill hole FL-25-283. This discovery, located near the surface, is characterized by a unique alteration and mineralization pattern distinct from other areas on the property. The company is conducting further studies to understand the mineralogy and potential of this zone, which could enhance Abcourt’s operational prospects and strengthen its position in the gold mining industry.

Abcourt Mines Secures Financing for Sleeping Giant Mine Restart

Abcourt Mines Inc. has announced a secured debt financing of US$8 million to restart its Sleeping Giant mine and mill, with additional equity financing to support the project. This financial move is expected to position the company well for the mine’s restart and ramp-up, addressing capital needs and potentially enhancing shareholder value.

Abcourt Mines Secures $1.67 Million in Private Placement for Gold Projects

Abcourt Mines Inc. has successfully closed the first tranche of a non-brokered private placement, raising gross proceeds of $1,668,040. The funds will be used for the exploration and advancement of the company’s Flordin and Sleeping Giant gold projects in the Abitibi Greenstone Belt in Québec, as well as for working capital and general corporate purposes. The offering is subject to final approval by the TSX Venture Exchange, and all securities issued are under a statutory hold period.

Abcourt Mines Announces $3 Million Private Placement for Quebec Gold Projects

Abcourt Mines Inc. has announced a non-brokered private placement to raise up to $3 million through the issuance of units and flow-through shares. The funds will be used to advance development and exploration at the Sleeping Giant and Flordin gold projects in Quebec’s Abitibi Greenstone belt, potentially enhancing the company’s operational capacity and market positioning.

Abcourt Mines Confirms Significant Gold Mineralization at Flordin Property

Abcourt Mines Inc. announced successful assay results from its drilling campaign on the Flordin property, confirming the east extension of the South Zone. The drilling intersected significant gold mineralization, with one hole revealing a large mineralized envelope of 47.2 metres at 1.1 g/t gold. This discovery demonstrates the continuity of high-grade gold mineralization over more than 1.8 kilometres between the South and Cartwright Zones, with plans for further exploration to connect these zones. The results enhance Abcourt’s operational prospects and strengthen its position in the gold mining sector.